Plus: *Progress on another joint venture, this time for oil drilling *What the passage of an election law means *Iraq Press Roundup An Iraqi oil ministry spokesman says Iraq and China will finalize a US$3 billion oil agreement next week. Assem Jihad says a Chinese delegation will visit Baghdad to sign the deal, The Associated [...]
- Iraq extends deadline to bid on Akkas gas field development and export to Syria and Europe…
- Iraq oil production drops slightly as Baghdad criticized for spending oil proceeds…
- A look into Shell and other oil firms’ angling into Iraqi oil and gas deals…
- Int’l audit of Iraq’s oil revenues show more to be done to prevent smuggling…
- Iraq’s multi-phased oil contract process moves forward…
Iraq hoarding oil profits?
The soaring price of oil will leave the Iraqi government with a cumulative budget surplus of as much as $79 billion by year’s end an American federal oversight agency has concluded in an analysis released on Tuesday. The unspent windfall, writes James Glanz for The New York Times, from oil sales from 2005 through 2008, [...]
- Iraq northern oil allegedly travelling through Talabani-controlled KRG and into Iran
- Interview: Iraqi Kurdistan’s coordinator for U.N. missions … Iraqi oil capital Basra faces tough new year … Kurds make deal with Sunni Arabs … Pentagon to make example of journalist: treat like terrorist …
- Kurds threaten to break from coalition government in Baghdad … UNSC and IMF give another year in Iraq … The future of Basra …
- No deals yet in Baghdad oil meetings with Iraqi Kurds … Turkey invades Iraq … Kirkuk, a oil-rich hot spot, settled for six months … LGBTQ in Iraq … Dollars and Bullets …
- Baghdad vs. Irbil begins … Lukoil getting itchy for W. Qurna … The fate of Basra and Kirkuk …
Fighting in Iraq’s oil capital Basra isn’t the first bloodshed between varying political and armed groups but may be the decisive battle for control over the oil sector, local government and the fate of the province.
The violence that has killed dozens and injured hundreds since Tuesday is billed as Iraq's military against "criminals, terrorist forces and outlaws," in the words of Iraqi Prime Minister Nouri al-Maliki who this week launched an Iraqi Security Forces offensive into Basra, Ben Lando reports for United Press International. But political parties and their militias [...]
